The crypto sector's leading U.S. advocacy groups asked the U.S. House's tax committee to advance a bill to clarify treatment of assets from mining and staking.

The Blockchain Association urges the House Ways and Means Committee to pass the Tax Clarity for Mining and Staking Act, which would defer taxes on mining

Crypto advocacy groups are urging Congress to pass a tax bill, saying the measure would provide clarity on mining and staking rewards.